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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,980 | $68,878-17.3% | $120,574-52.7% | $80,935-29.6% |
| Participation rate | 3.6% | 61.7%-58.1pp | 71.9%-68.4pp | 67.7%-64.1pp |
| Annual return | 14.96% | 23.67%-8.7pp | 107.42%-92.5pp | 35.66%-20.7pp |
| Employer contribution / active EE | $129 | $2,065-93.8% | $3,471-96.3% | $2,757-95.3% |
| Participant deferral / active EE | $139 | $3,189-95.6% | $4,996-97.2% | $4,299-96.8% |
| Admin fee / account holder | $20 | $5,782-99.7% | $9,445-99.8% | $6,924-99.7% |